18.5 Adelaide Street S, London South, ON N5Z 3J8
$629,900
$629,900

18.5 Adelaide Street S

South I, London South, Middlesex $629,900

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7 Beds
5 Baths
1500-2000 sqft
Parking for 4
East Facing
Zoning: R2-2
MLS®#:
X12900736
Property Type:
Triplex
Property Style:
2-Storey
Area:
Middlesex
Community:
South I
Taxes:
$3,256 / 2025
Added:
March 19 2026
Lot Frontage:
30
Lot Depth:
125
Status:
Active
Outside:
Brick,Brick Front
Year Built:
Basement:
Full
Brokerage:
ROYAL LEPAGE TRILAND REALTY
Lot :

125

30

Intersection:
Terrace St
Rooms:
Bedrooms:
7
Bathrooms:
5
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Baseboard
Heating Fuel:
Bathroom 2.24 x 2m

Second Level

Listing Details

Triplex with ONE VACANT RENOVATED UNIT! 18.5 Adelaide Street South presents an exceptional opportunity for first time investors, house hackers, or those looking to expand their real estate portfolio. Ideally located just minutes from Victoria Hospital, Downtown London, and Highway 401, and close to 100 Kellogg Lane, the Western Fair District, as well as a wide variety of restaurants, shopping, and everyday amenities, this property offers both convenience and strong rental appeal. Unit 1 is a spacious three bedroom, one and a half bathroom unit currently rented at $2100.00 plus electricity. Unit 2 is a one bedroom, one bathroom unit currently rented at $1325.00 all inclusive. Unit 3 is vacant, providing immediate opportunity to set your own rent or live in the unit yourself. All units include in-suite laundry and parking. Whether you choose to live in one unit and rent out the other two, or lease all three units for steady rental income, this triplex offers versatility, reliability, and lasting value for any investor.

3 fridges, 3 stoves, 2 washer/dryer combos, 1 stand alone washer, 1 stand alone dryer

Insights

  1. Strong Rental Income Potential: The property features two currently rented units generating a total of $3,425 monthly, with one unit vacant for immediate rental or personal use, providing flexibility for income generation.
  2. Prime Location: Located minutes from Victoria Hospital, Downtown London, and major highways, this property offers excellent accessibility and proximity to amenities, enhancing its appeal to potential tenants.
  3. Renovated Unit Available: The vacant unit has been recently renovated, allowing for immediate occupancy or the opportunity to set a competitive rental price, adding value for both investors and owner-occupants.

Sale/Lease History of 18.5 Adelaide Street S

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Neighborhood Overview

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South I home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in South I

Insights for 18.5 Adelaide Street S

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)